Overall Financial Health of the City
#1 Untapped Revenue
Background: Residential and/or commercial development are an obvious potential source of revenue for the City but ones that would potentially impact “Quality of Life” priorities of some residents (e.g. low population density, open space, quiet/bucolic environment). Paid parking in locations such as Malaga Cove Plaza, Lunada Bay and Paseo del Mar is often cited as “low hanging fruit” for new sources of revenue.
Question: How do you view these options and how would you approach the possibility of allowing these sources of revenue? What other non-tax revenue ideas do you think the City should explore?